• Trump’s Trade War Will Make Us All Worse Off As Stocks Tumble

  • Apr 17 2025
  • Length: 27 mins
  • Podcast

Trump’s Trade War Will Make Us All Worse Off As Stocks Tumble

  • Summary

  • US Tariffs could lead to a trade war and a global economic slowdown, according to the OECD.

    China, Mexico, Canada and the EU have said they will be imposing reciprocal tariffs on America.

    The UK has yet to react to a “reciprocal” 10% Tariff announced by Donald Trump today in the White House Rose Garden. Prime Minister Sir Kier Starmer said a trade war is in nobody’s interest.

    Stock markets have been falling around the world putting millions of people’s savings and pension pots at risk of a correction or even a crash.

    The S&P 500 had its worse quarter since 2022.

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